The correct answer to this open question is the following.
Although you did not attach options for this question, we can say the following.
The original (first) covenant God made with Abraham was the promise of God to bless the descendants of Abraham. God blessed Abraham and told him that he was going to be the "father" or leader of many tribes. In Genesis, the first book of the Old Testament, God told Abraham to travel to the promised land of Cannan, but he had to make sure that his people would be faithful and loyal to God.
In comparison, the Second Covenant is the one that is referred to in the New Testament, when God, who loves his creatures, sent his own son Jesus to help humans. God promises humans that he will forgive all their sins if they followed Jesus' teachings.
The price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears is -0.8 and -2.3 respectively.
<h3>How to calculate price elasticity</h3>
Change in price of gummy bears = $2. 60 to $3
Elasticity of demand of sugar-free gummy bears =
[(273-379 / (273+379)/2] ÷ [(3.00-2.60)/(3.00+2.60) / 2]
= [-18/166] / [0.4/2.8]
= -0.10843373493975 / 0.14285714285714
= - 0.75903614457826
Approximately, -0.8
Elasticity of demand of regular gummy bears:
Sugar free = [(273-379) / (273+379)/2] ÷ (3.00 +2.60) / 2]
= [-106/326] / [0.4/2.8]
= -0.32515337423312 / 0.14285714285714
= -2.2760736196318
Approximately, -2.3
Learn more about price elasticity:
brainly.com/question/24961010
It just comes naturally i guess. Some ppl think it weird others think its funny lol
